Jackson Joins Noble's Board

Noble Corp. reported that on July 28, 2006, the company's board of directors increased its size to 10 members and elected Mark A. Jackson as a new member.

Jackson, who serves as Noble's president and chief operating officer, joined the class of directors who will stand for re-election to a three-year term at the 2009 Annual General Meeting of Members of the company. Jackson will not serve as a member of the board's Audit, Nominating and Corporate Governance, Compensation, or Finance committees.

Noble Corp. is a leading provider of diversified services for the oil and gas industry. Contract drilling services are performed with the Company's fleet of 63 mobile offshore drilling units located in key markets worldwide. This fleet consists of 13 semisubmersibles, three dynamically positioned drillships, 44 jackups, and three submersibles. The fleet count includes three F&G JU-2000E enhanced premium newbuild jackups under contract for construction, with scheduled delivery of the first unit in the third quarter of 2007, the second unit in first quarter of 2008 and the third unit in the first quarter of 2009. Approximately 84 percent of the fleet is currently deployed in international markets, principally including the Middle East, Mexico, the North Sea, Brazil, West Africa, and India. The company provides technologically advanced drilling-related products and services designed to create value for our customers. The company also provides labor contract drilling services, well site and project management services, and engineering services.